Hang in there We’ve designed this guide as a quick reference to the COVID-19 related tax and financial support that might be available to you. It’s quiet comprehensive, but care needs to be taken and you should consult your accountant when making decisions. The Government has flagged that more support is coming and we will keep … Read more
There has been no event like this ever before, and surviving in business with cash flow is going to be tough. We’re created this video to help business owners understand their current cash position and how they can make changes to extend out their War Chest to survive the current conditions. Cashflow is the process … Read more
If you’re looking for something to do, why not upskill yourself? We might be accountants and we do love free stuff, it’s important to always take stock of your most valuable item, time. You cannot make more or get any back, so it’s important to use it as best you can. Connect with friends, family, … Read more
We take HR serious when it comes to our team, to keep them safe and on track. We have loved working with Linda at TotalHRM in Albury and understand that sometimes every business needs options. If you want amazing in person support and locals, TotalHRM is for you. We also utilise HappyHR to maintain our … Read more
FBT hot spots for 2020 With the start of the Fringe Benefits Tax year looming on 1 April, businesses are being urged to review their Fringe Benefits Tax (FBT) position. The ATO’s top FBT problem areas Motor vehicle fringe benefits – failing to report motor vehicle fringe benefits, incorrectly applying exemptions for vehicles or incorrectly claiming … Read more
Hubdoc is like a digital filing cabinet for all your invoices and receipts. But, it’s better than a filing cabinet because you can access it, or send information into this filing cabinet from anywhere in the world. With Hubdoc, you can automatically import all your financial documents & export them into data you can use. … Read more
With the bushfire ravaging parts of Australia throughout December and January, the ATO has expanded and extended the relief initially announced in November. Approximately 3.5 million businesses, individuals, and self-managed superannuation funds in identified areas (see the list of affected postcodes) have been granted special concessions and relief by the ATO: An automatic extension until 28 … Read more
The Reserve Bank of Australia is widely tipped to reduce interest rates again to historic lows. Easton Wealth economist Emmanuel Calligeris explores the impact. Australia and world volatility The ongoing trade war between the US and China has dominated financial market movements recently. The last two trading months have seen increased market volatility. In July, … Read more
When we set out on a fishing trip or hike, we always check the weather forecast. It’s no different in business. The forecast tells us if there’s bad weather (poor cashflow) in store based on the direction we’re heading. Your forecast will tell you: Whether you have enough sales in the pipeline to give you … Read more
Marketing is the be-all and end-all for too many small businesses? We see it all the time and all small businesses are bombarded by the latest and greatest silver bullet to take your business to the “next level”. Unfortunately, it seems all too often the sales teams are great at marketing their products and not … Read more
